asset finance Ecuador

Asset based finance is a technique of providing working capital and loans that are secured by accounts receivable, inventory, machinery, tools and / or your real estate. This form of funding is fantastic for startup companies, refinancing existing loans, financing growth, mergers and acquisitions, and management buy-outs (MBOs) and buy-ins (MBIs).

asset finance Ecuador

An example of asset-based finance would be purchase order financing which may be desirable to a company that has stretched its credit limits with vendors and has reached its lending capacity at the bank. The failure to finance raw supplies to fill all orders would leave a business operating beneath capacity. The asset-based lender finances the purchase of the raw material, and the purchase orders are then assigned to the lender. Subsequent to the orders being filled, payment is completed to the lender, and the lender then deducts its costs and fees and remits the surplus to the company. The trouble of this type of financing, however, is the high interest typically charged - which can be as high as prime plus 10per cent.

asset finance Ecuador

We like to take a more entrepreneurial standpoint of the term "assets". So our bankers may well have the same opinion that your tangible and intangible assets can allow you ample borrowing capacity for your business.

Even if your existing bank thinks differently.

As every corporation has a distinctive set of issues, solutions are based on a mix of asset based finance, cash flow or equity finance. Typically, it would be for raising finance between $2m and $30m. And solutions are provided on both a revolving and fixed term basis.

What's in it for me then?

Continuity of funding is secured.
You maintain command of your business, since that's what you do best.
We sculpt the facility to fit. Because that is what we do best.

asset finance Ecuador

Am I eligible?

Asset based finance could suit:

Businesses that truly need some ready money. Maybe you're considering a management buy-out, a buy-in, reshuffle, acquisition, refinancing or turnaround prospect.
Businesses established for at least a year with turnovers from $5m up to $200m.

Contrasting other finance, factoring is protected against your invoicing and not your abode or your business but you will require a business plan.

asset finance Ecuador

So what do I do?

Put in writing a business plan and send it to us and we will ensure that your business receives the correct financing and in a way that relieves you of so much administration, stress and headaches.

It does not matter what your business does
It does not matter where your business is
It does matter that you get the right finance for your business
Write your business plan and contact us

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